Aligned with global initiatives, Canada’s commitment to achieving a clean electricity grid by 2035 is commendable, backed by significant federal funding in March 2023. The Institute forecasts a promising 12% reduction in energy spending by 2050, highlighting the financial advantages of transitioning. This shift signifies efficiency gains from electric technologies and reflects the decreasing costs of renewable power. Looking beyond households, the report predicts the clean electricity sector to triple its workforce by 2050, becoming a significant driver for economic development.
Learn more: https://climateinstitute.ca/reports/electricity/